GAME-THEORETIC ANALYSIS OF BANKRUPTCY AND TAXATION PROBLEMS: RECENT ADVANCES

William Thomson ()
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William Thomson: Department of Economics; University of Rochester, Rochester, NY 14627, USA

International Game Theory Review (IGTR), 2013, vol. 15, issue 03, 1-14

Abstract: A group of agents have claims on a resource, but there is not enough of the resource to honor all of the claims. How should it be divided? We survey the recent game theoretic approaches that have been followed in solving such "claims problems".

Keywords: Claims problems; constrained equal awards rule; proportional rule; consistency; consistent extension; C79; D63; D74 (search for similar items in EconPapers)
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (38)

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DOI: 10.1142/S0219198913400185

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